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Wait and see…

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Market Recap for Wednesday, June 22nd, 2016   Today markets fell slightly as everybody anxiously await Thursday’s referendum in the UK on whether the nation will remain a member of the European Union or leave. The volatility index (VIX), a.k.a. as the “Fear Index” picked up and was trading back above the 21 level As expected, Fed Chair Janet Yellen’s testimony on monetary policy to the House was a non-event. Here’s where the major indices ended the day: The S&P finished with a 0.17% loss. Down 3 points, the S&P ended at 2,085. The DOW ended 0.27% lower. Dropping  49 points, the DOW closed at 17,8781. The NASDAQ was down […]

 

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